Tag Archives: unemployment

Economist Elliot Eisenberg signed as opening keynote for the 2021 Boating Industry ELEVATE SUMMIT conference

Elliot Eisenberg at ELEVATE

Economist and columnist Dr. Elliot Eisenberg will once again kick off the first full day of the 2021 Boating Industry ELEVATE SUMMIT. For those of you who attended the inaugural ELEVATE in Orlando, or the virtual version in 2020, you know you will be educated and entertained as he presents on macroeconomic conditions such as GDP growth, interest rates, unemployment, inflation, consumer ...

Read More »

Economic Snapshot: Unemployment rate dips to 5.1 percent

Employment gains continue to increase slowly month-by-month but are still moving in the right direction. This month, unemployment dipped marginally after a decline in July. Employment situation Total nonfarm payroll employment increased by 173,000 in August and the unemployment rate decreased to 5.1 percent. The number of unemployed persons declined to 8.0 million. Over the year, the unemployment rate and the ...

Read More »

Unemployment rate drops to seven-year low

U.S. employers added 223,000 jobs in April, dropping the nation's unemployment rate to 5.4 percent. Unemployment dropped from 5.5 percent in March to 5.4 percent in April, it's lowest rate since May 2008. The 223,000 jobs added was slightly below expectations but well ahead of the sluggish start to the year. March's jobs added, already disappointing at 126,000, was revised ...

Read More »

203K jobs added, unemployment dips to 7%

Today's latest employment data from the U.S. Bureau of Labor Statistics is somewhat of a shocker, with a reported 203,000 new jobs added to the American economy. The data also showed the unemployment rate dipping down three tenths of a percent to an even 7 percent, which is the lowest it's been at any point during the last five years. According ...

Read More »